With Berkshire Hathaway's book value per share over- or under-estimating the true value of its businesses, Warren Buffett prefers alternatives to this accounting metric.
For mutual funds and exchange-traded funds (ETFs), the Net Asset Value (NAV) is the portfolio value of the fund, per unit. For mutual funds, transactions occur at the NAV value, but for ETFs the ...
There are many ways to estimate the value of a company. One ratio that is popular with value investors, in particular, is the price/book ratio, which compares a company’s share price with its book ...
The price/book (P/B) ratio measures a company’s stock price compared with its book value. The ratio is calculated by taking the market price per share of an investment and dividing it by the book ...